Spirit Electronics of Dublin, Milan and New York have been refused grant aid by the Irish government and now seek private investors.

Capital is needed to develop their new concept which will revolutionise the audio industry. Since it applies only to output devices it is applicable to all modern devices and platforms. Moreover, since it will usher in enormous savings in power consumption, it will reduce the size of all power supplies, take batteries down to an as yet undetermined minimum and reduce recharge time accordingly.

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The concept borrows from homeopathy. The exciting objective is to develop an audio power amplifier which gets louder as the volume is reduced.